Bloomberg Top News

President Joe Biden expressed confidence that the turmoil roiling the US banking system is easing after a week that saw markets shaken by bank failures.

Hong Kong property developer New World Development Co. added three women to its board of directors in the fourth quarter, doubling the number of women at its highest level of governance and notching the biggest gain for gender diversity in among the city’s blue chips.

With Thailand heading into a general election in May, key political parties are promising the nation’s more than 50 million voters almost everything from steep increases in cash handouts and wages to suspending debt repayment.

A nascent rally in China’s major state-owned companies may have legs, amid hopes that more official support to revive the sector and plans for higher dividends will help extend the momentum of the country’s hottest stock trade this year.

Mexico’s inflation data is providing some “good news” and the central bank is still considering increasing its key interest rate by a “lesser magnitude” than last month’s 50 basis-point hike, the institution’s governor said in an interview.

A proposal to shore up Brazil’s fiscal accounts is already running into resistance from members of President Luiz Inacio Lula da Silva’s cabinet, even though it delays the task of stabilizing public debt until the end of his term.

Federal agents have arrested a Peekskill, New York, man they say ran the notorious dark web data-breach site “BreachForums” under the name “Pompompurin.”

When borders slammed shut, universities worldwide were forced to confront a glaring weakness in their business models: a reliance on international students to shore up revenue. Three years on, the sector shows no signs of curbing that dependence. Instead, it’s doubled down.

Crypto exchange Binance responded to harsh criticism and demands for answers about its business from US senators including Elizabeth Warren.